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A major breakthrough in the chain chip, the speed is twice the fastest foreign technology, and it is also innovated with the digital renminbi

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  • Time of issue:2021-06-09 14:54
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(Summary description)Beijing Broadcasting and Television Station reported that recently, Beijing Microchip Blockchain and Edge Computing Research Institute, a new research and development institution located in Haidian District, released a newly developed chip. The chip will help China’s first self-controllable blockchain software and hardware technology system "Changan". The computing speed of the "chain" has been increased to more than 100,000 transactions per second, reaching the world's leading level. (Currently, the fastest blockchain computing speed in the world is also less than 50,000 transactions per second.)

A major breakthrough in the chain chip, the speed is twice the fastest foreign technology, and it is also innovated with the digital renminbi

(Summary description)Beijing Broadcasting and Television Station reported that recently, Beijing Microchip Blockchain and Edge Computing Research Institute, a new research and development institution located in Haidian District, released a newly developed chip. The chip will help China’s first self-controllable blockchain software and hardware technology system "Changan". The computing speed of the "chain" has been increased to more than 100,000 transactions per second, reaching the world's leading level. (Currently, the fastest blockchain computing speed in the world is also less than 50,000 transactions per second.)

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2021-06-09 14:54
  • Views:
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Beijing Broadcasting and Television Station reported that recently, Beijing Microchip Blockchain and Edge Computing Research Institute, a new research and development institution located in Haidian District, released a newly developed chip. The chip will help China’s first self-controllable blockchain software and hardware technology system "Changan". The computing speed of the "chain" has been increased to more than 100,000 transactions per second, reaching the world's leading level. (Currently, the fastest blockchain computing speed in the world is also less than 50,000 transactions per second.)

According to the data, "Chang'an Chain" is the first independent and controllable blockchain software and hardware technology system in China. It has the outstanding characteristics of independent controllability, flexible assembly, integration of software and hardware, open source and open source. Beijing University of Aeronautics and Astronautics, Tencent, Baidu and other well-known universities and companies jointly research and develop it. It will be officially released on January 27, 2021.

According to reports, the application scenarios of the Changan Chain include food traceability, supply chain finance, carbon trading and other fields. It will also integrate and innovate with the digital renminbi to promote high-quality development in the digital economy. The key to these applications depends on the independent controllability of the chip. The breakthrough of the blockchain chip

Blockchain section shows,

Jihong shares: The company previously signed a cooperation agreement to jointly build an industrial control system based on the underlying technology of the blockchain and the application of blockchain chips to provide customers with digital, safe and efficient industrial control services. The company's annual report last year is expected to increase by 70.11% to 77.77%. In addition, the rapid development of cross-border e-commerce business has created new profit growth points for the company.

Zhejiang Digital Culture: Previously, it cooperated with China Banknote Blockchain Technology Research Institute to develop digital government products based on blockchain technology and realize the application of blockchain technology in government services.

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